Pre Marlet Review & Global cues - 07 April, 2026
Global cues are mildly positive, but not convincing. US markets closed in green after a range-bound session, showing stability but no strong follow-through. At the same time, the macro backdrop remains tight, bond yields are firm and crude is elevated near $115, keeping inflation concerns alive. Asian markets are mixed this morning, reflecting a lack of clear direction globally. Gift Nifty is slightly negative, indicating a cautious or flat start for domestic markets. On the currency side, USD/INR remains elevated, which continues to be a pressure point. Key trigger ahead: Markets will be watching the RBI rate decision tomorrow, as interest rate outlook will influence liquidity, currency and sectoral positioning. Bias: Neutral to cautious Markets are holding up, but with oil high and yields firm, upside may remain limited unless macro pressures ease.

















